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tv   Key Capitol Hill Hearings  CSPAN  January 15, 2014 3:00am-5:01am EST

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>> war funding is that $92 billion. it is on the high end. this will help the pentagon deal with spending cuts, about $20 billion in base funding reduction.
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somebody like jasmine, multiply her times a billion, a billion people are how many people have been lifted out of poverty over the last 20 years according to recent reports from "the economist," based on world data. they're looking at the lowest levels of poverty. a billion people have been lifted out of party largely due to more international trade, war globalization, and more economic freedom. we have globally the highest levels of economic freedom in history. a long way to go, but we need to make progress. world trade barriers have fallen by half, and trade volume has doubled. those are the kinds of things we need to adopt in united states to lift another billion people out of poverty over the next 20 years.

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